Us Economy
Business  /  Published 29.07.22

Fed denies recession, stocks soar

Quarterly GDP growth data of the US economy is, however, pointing towards a slide towards recession.US growth contracted for the second successive quarter to 0.9 per cent in April and June from 1.6 pe...
By Our Special Correspondent in Mumbai

Business  /  Published 17.06.22

US recession fears drive down stocks

A dovish commentary from the US Federal Reserve could not prevent another blowout on the stock markets with benchmark indices hitting fresh 52-week lows on concerns over a recession in the US. The Se...
By Our Special Correspondent in Mumbai

Opinion  /  Published 06.06.21

On the leftward shift of the United States

Over the last few decades, the US economy has been afflicted by an ailment — inequality. Not only is income inequality rising in the United States of America, it is also higher than in other adv...
By Suman Ghosh

World  /  Published 31.07.20

US economy suffers sharp blow

The US economy suffered its biggest blow since the Great Depression in the second quarter as the Covid-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from...
By Reuters in Washington

Business  /  Published 03.05.20

Buffett advises resilience to investors

Billionaire investor Warren Buffett on Saturday said the United States’ capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global p...
By Reuters in Washington


World  /  Published 29.06.20

US economy added jobs in May after record losses

The US economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the Covid-19 pandemic was probably over,...
By Reuters in Washington

World  /  Published 21.01.20

Trump tells business leaders of 'spectacular' US economy

US President Donald Trump sought on Tuesday to sell the United States to the global business community, telling an economic conference in the Swiss Alps that America's economic turnaround has been 'no...
By AP in Davos

Business  /  Published 09.04.20

Fed offers $2.3 trillion support

The US Federal Reserve on Thursday rolled out a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest move to keep the US economy intact as the coun...
By Reuters in Washington

Business  /  Published 29.04.20

US economy contracts 4.8%

The coronavirus pandemic has officially broken the United States’ economic growth trend.The questions now are how extensive the damage will be - and how long the country will take to recover.US gros...
By New York Times News Service in New York

Business  /  Published 17.12.19

Boeing to suspend 737 Max output

Boeing next month will temporarily stop making the 737 Max, its most popular passenger jet, the company said on Monday.The decision, after a two-day board meeting, is the culmination of the worst cris...
By David Gelles and Natalie Kitroeff/New York Times News Service in New York


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